Onshore Assets definition

Onshore Assets means, except for the Offshore Assets, all the other assets held by the Group Companies which will be transferred to or controlled by an Affiliate of Buyer in connection with the Onshore Transactions (including, for the avoidance of doubt, the Onshore Purchased Assets).

Examples of Onshore Assets in a sentence

  • The Group shall retain the right to dispose of the Specified Onshore Assets (as specified in Annex III) at its sole discretion without prior consent from any In-scope Creditors or any legal or beneficial holder of the New Debts, subject to certain conditions to be agreed in the long form documentation stage.

  • For the avoidance of doubt, such Mandatory Prepayment arrangement shall not be considered to have any restriction on strategic investment, financing, equity transaction, normal operation and construction, or payment of any indebtedness, expenses or any other obligation of the Specified Onshore Assets or any persons directly or indirectly holding such Specified Onshore Assets.

  • Tenant agrees to carry “All Risk” Insurance, equal to the agreed amounts as per schedule on file with underwriters of the onshore assets included in the Leased Property (the “ Onshore Assets ”), with a minimum Named Windstorm limit of 5,000,000 which shall be payable in case of loss as outlined herein.

Related to Onshore Assets

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Exclusive Assets means those Supplier Assets used by the Supplier or a Key Sub-Contractor which are used exclusively in the provision of the Goods and/or Services;

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to: